As long as the Bears Remain in Control on the Monthly Chart I have a bearish outlook as far as direction, and the Stoch is in moving away from the SELL zone I am looking for a position to SELL down to the 72.50 area stop should be above the swing high around the 75.75 to 76.00 area which will give you a 1:2 risk-reward.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.